PwC bumper fees from Lehman
Administer this. The Lehman fallout is keeping wheels of professional services very well oiled through the downturn. Administrators, PwC have been raking in the fees like nobody’s business. In fact they are nearing an all time record with £154m billed for the first year. The lawyers aren’t doing too badly either – on the back of that, legal advisers, Linklaters have generated £68.9m in fees. Meanwhile, in the US legal fees for work relating to the collapse of Lehman Brothers are nearly …
Administer this.
The Lehman fallout is keeping wheels of professional services very well oiled through the downturn. Administrators, PwC have been raking in the fees like nobody’s business. In fact they are nearing an all time record with £154m billed for the first year.
The lawyers aren’t doing too badly either – on the back of that, legal advisers, Linklaters have generated £68.9m in fees.
Meanwhile, in the US legal fees for work relating to the collapse of Lehman Brothers are nearly $200m, according to Securities and Exchange Commission records.
